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IBDvalueinvestin (98.50)

LZB has been crushed from $10 to current $7.10



November 17, 2009 – Comments (1) | RELATED TICKERS: LZB

But it may shock some that its on pace to beat estimates for a 4th straight qtr.

My eyes will be on LZB in after-hours.



1 Comments – Post Your Own

#1) On November 17, 2009 at 4:29 PM, Jazzenjohn1 (< 20) wrote:

I guess we'll see about beating the estimates. The only reason they are showing any gains is because management has been slashing people and shutting down production and stores faster than the sales and revenue have been dropping. That can only go on so long. I think they'll miss this time but we soon know. I have a couple hundred shares short at 7.35.

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